Microsoft's Surface Pro Tablet Makes its Debut and Sells Out Fast; the Company was One of the Few to Defy the Dow's Loss Yesterday
NEW YORK, February 12, 2013 /PRNewswire/ --
MSFT shares saw a 1.13% gain on Monday after the Company's Surface Pro tablet was launched over this past weekend. The Surface Pro sold out even though reviews were mixed on it. The Company was one of the few to defy the Dow's loss yesterday.
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Annaly Capital Management, Inc. (NYSE: NLY) - NLY traded on volume more than double the stock's average on Monday with little change in price at the close. The stock saw a slight gain of 9 cents to close at $14.81. Annaly was one of the most active stocks to trade on the NYSE yesterday. The Company reported last week that GAAP net income for the fourth quarter of 2012 was $700.5 million or $0.70 per share, compared to $445.6 million or $0.46 per share for the same quarter the prior year. Shares of NLY were trading over $17 last September. Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities.
Zynga, Inc. (Nasdaq: ZNGA) - Trading volume for Zynga on Monday was more than four times higher than usual. The stock traded 98,777,816 shares in comparison to an average of 22,875,900. The stock was one of the most active stocks traded on the Nasdaq yesterday. Earlier this month shares of Zynga were trading at $2.67. The stock closed at 3.67 yesterday, up 7%. The Company's CRO sold 28,847 shares on January 24th and 86,541 shares on January 28th. Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms.
Novo Nordisk A/S (NYSE: NVO) - NVO shares dropped yesterday after the U.S. Food and Drug Administration asked for further testing on the treatments of the Company's new insulin products. Novo said they won't be able to complete the request this year. Volume on Monday was significantly higher than average at 2,267,599 shares traded. The stock closed at 165.40, down 13.98%. Analysts polled by FactSet are calling for Novo Nordisk to earn $8.38 a share for the year. Novo Nordisk A/S engages in the discovery, development, manufacture, and marketing of pharmaceutical products in Denmark and internationally.
Zion Oil & Gas, Inc. (Nasdaq: ZN) - Zion Oil & Gas was one of the biggest gainers on the Nasdaq yesterday. The stock saw unusually high trading volume on Monday, and closed up 27.21% at $1.59. Volume traded was more than ten times higher than usual at 1,412,630 shares. ZN was trading as low as $0.81 at the end of January. On Monday the stock saw an intra-day high of $1.75, representing gains of over 100%. Zion Oil & Gas, Inc. operates as a development stage oil and gas exploration company in Israel.
ModusLink Global Solutions, Inc. (Nasdaq: MLNK) - MLNK soared as much as 20% on Monday when it hit an intra-day high of $3.40. Yesterday morning news came out announcing that New York-based Steel Partners Holdings L.P. will invest $30 million in return for several changes to ModusLink's board of directors. Under the terms of the agreement, Steel Holdings would purchase 7.5 million newly issued shares of common stock at a price of $4.00 per share, representing a cash investment in the Company, before fees and expenses, of $30 million. Shares of ModusLink closed at 3.13 on Monday, up 13.82%. Volume traded at 1,044,856 shares was roughly five times higher than the stock's average of 195,987 shares.
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